Sweet spreads will register moderate constant value and volume growth over the forecast period. However, as inflation is predicted to continue to rise, this will dampen overall value growth somewhat and there will be a degree of trading down to cheaper brands and cheaper products and less focus on premiumisation.
Cannabis and hemp have recently been permitted in food production in Costa Rica. While cannabis-infused products are still very new to consumers, options like peanut butter with cannabis may see emerging demand from adventurous higher income consumers over the forecast period.
As seen in other categories in cooking ingredients, consumers are becoming increasingly health conscious and are becoming increasingly aware of and selective about the food and drink they consume. This is also expected to ramp up further over the forecast period.
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Understand the latest market trends and future growth opportunities for the Sweet Spreads industry in Costa Rica with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
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Excludes: Any products sold unpackaged or in bulk; margarine, butter substitutes, vegetable-oil based, yeast-based, and meat/seafood-based spreads.
See All of Our DefinitionsThis report originates from Passport, our Sweet Spreads research and analysis database.
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